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Showing 6411 - 6420 of 17959 results for "Bank"

Fintechs face marketing battle

DARREN SNYDER  |  TUESDAY, 8 NOV 2016
The constant uphill battle faced by Australian fintech start-ups to enter the local marketplace is evidenced by research suggesting these new players pose little threat to the industry. A Yell Creative survey of 150 financial marketers found more than ...

Banks balancing profit and capital adequacy

ALEX BURKE  |  TUESDAY, 8 NOV 2016
Australia's largest banks are having difficulty maintaining growth given a sluggish economy and increasing regulatory pressure, according to several industry analysts. KPMG's Major Australian Banks Full Year 2016 Analysis Report shows a 2.5% drop in ...

Singapore sovereign wealth fund buys $3.4bn asset

ALEX BURKE  |  TUESDAY, 8 NOV 2016
... added: "We believe P3's strong growth will continue given its diversified, income-producing portfolio and substantial land bank. We are confident of the long-term potential of the European logistics sector, and look forward to expanding this attractive ...

ANZ improves OneCare for advisers

KERRIE SYDEE  |  TUESDAY, 8 NOV 2016
ANZ is enhancing its life insurance cover OneCare as part of the bank's "strengthened commitment" to financial advisers. OneCare will offer adviser and client improvements through three key updates including greater funding flexibility, improved client ...

ANZ appoints tech exec, CIO departs

ALEX BURKE  |  MONDAY, 7 NOV 2016
ANZ has appointed a new group executive technology. Gerard Florian, who will report directly to chief executive Shayne Elliott, joins the group from Dimension Data where he was chief strategy officer, Cloud Business Unit. Prior to that, he was Australian ...

Uncertain environment fuelling risky investment

JAMIE WILLIAMSON  |  MONDAY, 7 NOV 2016
... retirees whose cash is tied up in term deposits and "lazy long-term investors who keep their savings in interest bearing bank accounts," but can be reduced by seeking other investments and diversifying. "For lazy savers this means looking for growth ...

Macquarie continues funds management reign: WTW

KERRIE SYDEE  |  MONDAY, 7 NOV 2016
... assets under management fell 53% from $US72.6 billion to $US33.7 billion. Australia's second largest manager, the Commonwealth Bank of Australia, which owns Colonial First State experienced a 9% drop in funds under management from $US156.3 billion to ...

BTFG navigates wealth management headwinds

JAMIE WILLIAMSON  |  MONDAY, 7 NOV 2016
BT Financial Group's cash earnings contribution to Westpac has fallen by 4% to $876 million in the past year, indicating an increasing pressure on the big four banks' wealth management divisions. Cash earnings for BTFG's funds management division dropped ...

Clinton or Trump or bust?

BENJAMIN ONG  |  MONDAY, 7 NOV 2016
... policy deliberations last week also decided to play it safe or save ammunition... just in case. The US Federal Reserve, the Bank of Japan, the Bank of England and the Reserve Bank of Australia all kept their domestic monetary policy settings unchanged. ...

ANZ wealth sale marks end of an advice era

ALEX BURKE  |  FRIDAY, 4 NOV 2016
... advice businesses now that banks can no longer be considered a "buyer of last resort." During a media briefing discussing the bank's full-year results to September 30, ANZ chief executive Shayne Elliott said selling off ANZ's financial planning businesses ...